Benefits Administrator
4 days ago
Job Summary
The Benefits Specialist role at TIH Insurance involves administering corporate welfare and retirement benefits. This position requires expertise in managing benefit plans, ensuring compliance with ERISA, HIPAA, and other relevant laws.
Key Responsibilities
- Provide expert guidance to HR Business Partners and teammates on health and welfare, and retirement benefits.
- Stay up-to-date on legal and benefit plan requirements, ensuring processes and plan provisions remain compliant.
- Work closely with brokers and vendors to track tasks and issues.
- Interpret and administer benefit plans and policies to ensure adherence to federal and state laws, as well as internal guidelines.
- Process a full range of benefit plan transactions in accordance with written policies and procedures.
- Serve as a backup and provide support to team members, and serve as a skilled resource for internal training.
- Counsel newly acquired teammates on the transition of their former benefit plans to the new benefit programs available.
- Efficiently execute and prioritize daily time-sensitive tasks and requests, in addition to maintaining ongoing projects and processes in a timely and proficient manner.
- Manage leave of absence requests and processes, including FMLA, ADA, and state-specific leaves.
- Respond to employee inquiries related to benefits and leave.
- Provide support for Workday system administration and reporting, including data entry, maintenance, and reporting.
- Draft and maintain standard operating procedures (SOPs) for benefit processes.
- Process benefit invoices, including data entry, reconciliation, and payment.
- Process 401(k) contributions, loans, distributions, and prepare required reports.
- Prepare and file required government reports, including ACA reporting.
- Maintain accurate and up-to-date employee benefit records.
Requirements
- Bachelor's degree in Human Resources or a related field.
- 5+ years of experience in administering welfare benefits and/or retirement plans.
- Prior Workday experience is preferred.
Benefits
TIH Insurance offers a range of benefits to eligible employees, including medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401(k) plan. Teammates also receive a minimum of 10 days of vacation and 10 sick days during their first year of employment, along with paid holidays.
TIH supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law.
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